Options Skew Analytics

MGA option chain

Strikes around the forward, as they were quoted at the close

Data as of 22 September 2026 (end of day)

2026-11-20(59 days)ATM 37.40%±9.59skew +1.47
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$8.90$11.20—$55.00—————
—————$57.5037.15%$1.05$1.55160
01$4.80$7.00—$60.0037.53%$1.90$2.35380
1219$4.10$4.70—$62.5037.23%$2.90$3.401186
471$3.00$3.5037.42%$65.00—$4.20$5.60220
071$2.15$2.5037.39%$67.50—$5.70$6.501360
1247$1.40$1.5535.69%$70.00—$6.80$8.20100
324$0.90$1.1035.97%$72.50—$8.10$10.8060

Forward $63.76. The 25-delta put carries +1.47 volatility points over the 25-delta call.

2026-12-18(87 days)ATM 34.86%±10.86skew +2.85
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
02$18.00$20.80—$45.00—————
01$15.90$18.20—$47.50—————
01$13.30$15.70—$50.00—————
01$11.00$13.60—$52.50—————
01$9.40$11.60—$55.0038.52%$1.05$1.6570
07$7.10$9.20—$57.50—————
013$5.70$7.20—$60.0036.24%$2.45$2.95180
07$4.70$5.60—$62.5035.00%$3.20$4.101030
026$3.30$4.2034.85%$65.00—$4.50$5.40180
028$2.35$3.3034.98%$67.50—$6.00$7.10110
023$1.80$2.4035.15%$70.00—$7.20$9.4030
114$1.30$1.8535.67%$72.50—————
08$0.90$1.4035.89%$75.00—$10.70$13.1010

Forward $63.79. The 25-delta put carries +2.85 volatility points over the 25-delta call.

2027-01-15(115 days)ATM 35.03%±12.56skew +0.21
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
03$39.50$43.30—$22.50—————
029$32.00$35.90—$30.00—————
06$29.50$33.60—$32.50—————
064$27.70$31.00—$35.00—————
0304$25.20$28.10—$37.50—————
0187$22.80$25.70—$40.00—————
0209$20.40$23.30—$42.50—————
0252$18.40$20.80—$45.00—————
045$16.10$18.50—$47.50—————
0150$13.60$16.20—$50.00—————
082$11.60$13.80—$52.50—————
049$9.40$11.70—$55.0035.80%$1.25$1.85310
431$8.70$9.70—$57.5034.86%$1.90$2.4590
0277$6.20$8.00—$60.0034.75%$2.85$3.30221
0715$5.00$5.90—$62.5034.81%$3.90$4.5060
085$4.20$4.7035.03%$65.00—$5.10$6.0090
062$3.20$3.6034.38%$67.50—$6.50$7.30170
9260$2.45$2.7534.24%$70.00—$7.40$9.602450
042$1.80$2.1534.25%$72.50—$9.60$11.5010
01,305$1.40$1.6534.66%$75.00—————
15$1.05$1.3035.06%$77.50—————

Forward $63.89. The 25-delta put carries +0.21 volatility points over the 25-delta call.

2027-03-19(178 days)ATM 35.48%±15.88skew +2.09
CallsStrikePuts
VolumeOpen intBidAskIV IVBidAskOpen intVolume
01$27.20$31.20—$35.00—————
06$14.30$17.00—$50.00—————
—————$55.0036.56%$2.10$2.9020
07$8.70$11.00—$57.5036.83%$3.00$3.80160
01$6.90$9.50—$60.00—————
—————$62.5035.37%$5.00$5.70100
02$5.10$6.5035.51%$65.00—$6.20$7.20110
01$4.50$5.1035.37%$67.50—————
04$3.40$4.4035.00%$70.00—$9.20$10.4020
05$3.00$3.3034.75%$72.50—————
218$2.40$2.7034.70%$75.00—————
01$1.85$2.2034.47%$77.50—————
05$1.30$1.8534.10%$80.00—————

Forward $64.08. The 25-delta put carries +2.09 volatility points over the 25-delta call.

How to read this

Calls on the left, puts on the right, the strike between them — the layout every chain uses. Each block is one expiration, and the heading carries its days to expiry, the at-the-money implied volatility, and the one-standard-deviation move that volatility implies over that time.

Only the 21 strikes nearest the forward are stored, which is the part of the board that carries the volume. The shaded side is in the money: below the forward for calls, above it for puts.

Implied volatility is shown on the out-of-the-money side only. An in-the-money option is nearly all intrinsic value quoted on a wide market, so a volatility solved from it would look authoritative and mean very little. The price is still shown, because the price is real; the blank is deliberate.